National and metro newspapers in biggest ever decline

Australia’s metro and national newspapers have had the worst circulation result in their history, with every paper in the country except for two in decline.

Newspaper Works – the marketing body for the industry – claimed the Audit Bureau of Circulation numbers were “firm”, and blamed the falls on “a patchy economy, skittish consumer behaviour and rising interest rates”.

Fairfax Media’s The Australian Financial Review was worst hit in the last three months with a fall of around 10% for both its Monday to Friday and Saturday editions compared to a year ago. The rate of decline for the AFR increased compared to its 9.7% fall in figures released three months ago.  

Its daily national rival The Australian, owned by News Ltd, was down 4% on weekdays and 2.6% for its Saturday edition.

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